Do old people own too many stocks? | The Economist
Community Score: 50% | 48.3K views | 1mo
0 community ratings: null thumbs up, null thumbs down
Americans aged 70 and over now own a whopping 39% of all stocks and mutual funds. That’s all well and good when the stockmarket is booming. But how they react in a downturn could have serious consequences. Read more: https://econ.st/47X2HdQ Subscribe to The Economist: https://econ.st/3Mia0pz Download The Economist app: https://econ.st/4qdVVaA Follow us on X: https://x.com/TheEconomist Follow us on Instagram: https://www.instagram.com/theeconomist Follow us on Facebook: https://www.facebook.com/TheEconomist
More from The Economist
- Doping in sport: why it can't be stopped — Score: 50%
- America’s massive military build-up near Iran | The Economist — Score: 50%
- What would be the point of an American strike on Iran? | The Economist — Score: 50%
- Why Elon Musk wants to put data centres into space | The Economist — Score: 50%
- How “El Mencho’s” death could reshape Mexico’s largest cartel | The Economist — Score: 50%
- Can Serbia's youth topple its government? — Score: 50%